Property Overview

• A Majestic Architectural Masterpiece at the Heart of Port Orchard This 4,618-square-foot commercial landmark is one of Port Orchard’s most distinctive and recognizable buildings. With its signature turreted tower, elegant rooflines, wraparound windows, and beautifully maintained grounds, the property delivers a level of presence and character rarely found in today’s market. The interior offers exceptional flexibility. The main level features a spacious, light-filled event-style salon ideal for medical, wellness, boutique retail, or educational uses. The turret includes two private rooms—one upstairs and one on the lower level—perfect for offices, therapy, tutoring, or premium client services. A fully fenced patio expands usability for outdoor learning, events, or seasonal business activities. The layout works equally well for a single premium tenant or multiple suites.
• Located in Port Orchard’s fastest-growing commercial corridor, the property benefits from outstanding regional connectivity. The Port Orchard Foot Ferry provides direct access to Bremerton, where the Seattle–Bremerton Ferry continues to Downtown Seattle. The Southworth–West Seattle Fast Ferry offers a second rapid connection into the city, making Kitsap County one of the most commuter-friendly markets in the region. Minutes from the Puget Sound Naval Shipyard—Kitsap’s largest employer with more than 14,000 jobs—the area continues to experience rapid growth in population, employment, and commercial demand. National retailers, medical providers, and service operators are expanding throughout the corridor, increasing the need for quality commercial space.
• This property presents an exceptional opportunity for investors or owner-users. The fully operational turn-key daycare is included as an asset bonus—ready to generate income immediately and not reflected in the property’s valuation—providing a rare advantage for the buyer.

Investor Summary-Building + Business Offering

• OFFERING OVERVIEW Asking Price (Building Only): $1,650,000 Bonus Included: Turn-Key Daycare Business (Multicultural Children Center, S-Corp) Business included at no additional cost. BUILDING FINANCIALS Current Monthly Rent: $6,000 Annual Rental Income: $72,000 Expenses-Accounting-Annually: $625 Building NOI: $ $71,375 CAP RATE: 4.33% NOI Margin: 99.14% $357.32 per SF Tenant Pays: Utilities, Insurance, Maintenance, Property Taxes. DAYCARE BONUS ASSET Daycare NOI (YTD): $39,289.17 DAYCARE BUSINESS VALUATION Adjusted NOI × 2.5 = approx. $78,578.34 value Business included FREE as a bonus asset Strong childcare demand in Kitsap County.

Market Rent Comparison

• The current rent of $6,000 per month ($72,000 annually) is significantly below market rental value for commercial properties of this size and quality in Port Orchard. Similar mixed-use and specialty commercial buildings in the area typically lease between $22–$32 per square foot annually, placing true market rent potential between: $101,596/year at $22/SF $129,304/year at $28/SF $147,776/year at $32/SF This creates a substantial upside opportunity for the future owner. With current rent far under market, a new buyer can raise rents to market levels and dramatically increase NOI, resulting in stronger cash flow, higher asset value, and a more competitive cap rate.